India Incense sticks (Agarbatti & Dhoop) Market Overview, 2018-2023

The report titled "India Incense Sticks (Agarbatti & Dhoop) Market Overview, 2018-2023" provides deep analysis of the Indian Agarbatti and dhoop market with size in terms of both value and volume of the market and also provides market share of different segments. The report formed by segregating data from various sources and various time frame. It consists of various historic data and based on current situation of market and key factors provides forecast based on best suitable method. Which could defiantly be helpful in identifying the market segments which are driving growth. The report consists profiles of leading companies. India Incense Sticks (Agarbatti & Dhoop) Market Overview, 2018- 2023 The Indian agarbatti and dhoop market plays a large role in development of India rural economy as it provides large employment opportunities to the rural women. The market observes high presence of unorganised players as there are less to no entry barriers. The India Agarbatti and dhoop market size was more than INR 3000 crores in 2011-12. The market has observed high growth rate since last five years and is forecasted to reach market size by volume of more than 34000 Crores sticks of agarbatti and dhoop in 2022-23.The states in North and South region of India combined contribute for around than 2/3rd sales of agarbatti and dhoop in India. The major states consuming agarbatti are Tamil Nadu, Maharashtra, Karnataka, Uttar Pradesh and West Bengal. The agarbatti and dhoop industry is one such golden industry which will have a never ending in India as well as foreign markets. Though the demand fluctuates in regions according to occasions or festivals, but the demand never goes down from a certain level due to high presence of religious people who generally never miss their prayers and poojas. Major Companies Major companies that operate into Indian Agarbatti and Dhoop market are N. Ranga Rao & Sons Private Limited, Moksh Agarbattis, ITC Limited, Mysore Deep Perfumery House (MDPH), Shree Kalpana Perfumery Works Private Limited, Hari Darshan Sevashram Private Limited, B. V. Aswathiah & Bros, Hem Corporation Private Limited, Patanjali Ayurved Limited Considered for the Report: Geography: India Base Year: FY 2016-17 Estimated Year: FY 2017-18 Forecast Year: FY 2022-23 Objective of the study: • To present an Indian Overview on Indian Agarbatti and Dhoop industry. • To analyse and forecast the India Agarbatti market size, in terms of value. • To analyse and forecast the India Agarbatti market size, in terms of volume. • To analyse and forecast the India Dhoop market size, in terms of value. • To analyse and forecast the India Dhoop market size, in terms of volume. • To strategically profile leading players, which are operating in the Agarbatti and dhoop industry of India Approach for the Report: Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Agarbatti and Dhoop market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web. Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of Agarbatti and Dhoop were recorded and subsequently forecasted for the future years. Scope of the Report: “India Incense Sticks (Agarbatti & Dhoop) Market Overview, 2018- 2023” discusses the following aspects of Agarbatti and Dhoop market in India: - India Agarbatti and Dhoop Market Outlook. - India Agarbatti and Dhoop By Value & Forecast. - India Agarbatti and Dhoop By Volume & Forecast. - India Agarbatti and Dhoop Market Segmental Analysis: By Company and By demographic, - India Agarbatti Market Size By Value & Forecast. - India Agarbatti Market Size By Volume & Forecast. - India Agarbatti Market Segmental Analysis: By Region, By fragrance, By demographic, by pack type, by pack size. - India Dhoop Market Size By Value & Forecast. - India Dhoop Market Size By Volume & Forecast. - India Agarbatti Market Segmental Analysis: By Region, By demographic. Intended Audience: This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Agarbatti and Dhoop industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Please get in touch with our sales team in order to find out more. Keywords:India, Research, Study, Market, Share, Agarbatti, Dhoop, Flavoured agarbatti, Rose agarbatti, lavender agarbatti, Sandal agarbatti, Champa agarbatti, Jasmine agarbatti, Mogra agarbatti, N. Ranga Rao & Sons Private Limited, Moksh Agarbattis, ITC Limited, Mysore Deep Perfumery House, MDPH, Shree Kalpana Perfumery Works, Hari Darshan Sevashram, B. V. Aswathiah & Bros, Hem Corporation, Patanjali, cycle, Mangaldeep, Zed Black, Kalpana, Nandi

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